India Eyes New Sites to Boost Strategic Oil Reserves
India, the world’s third-largest crude oil importer, which depends on imports for about 85% of its daily consumption,…
Tight Fuel Markets Boost Profits for Oil Refiners
Refining capacity closures and resilient fuel demand have tightened global fuel markets in recent weeks, benefiting refiners globally.…
Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins
Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in…
Oil prices climb on short-covering, but tariff concerns linger
Oil prices climbed in early trade on Tuesday as investors took advantage of the previous day’s losses to…